Section

Intellectual property

19 clauses

Clause summary and textUsedFavoured partyAuthorGoverning lawSource

If the Company doesn't exercise its option, the University and Company can exploit Arising Intellectual Property without each other's permission

1.1.In the event that the Company does not exercise its option pursuant to Clause 4.7.1, the University and the Company may themselves separately commercially exploit or non-exclusively sub-license jointly owned Arising Intellectual Property to third parties without the other joint owner’s consent.
9
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Clause summary and textUsedFavoured partyAuthorGoverning lawSource

Licensing agreement for project

1.1.Each Party grants the other Parties a royalty-free, non-transferable, non-exclusive, licence to use its Background Intellectual Property for the sole purpose of the performance of the Project.
2
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Clause summary and textUsedFavoured partyAuthorGoverning lawSource

Licence to use Arising Intellectual Property

1.1.The Company hereby grants to the University and the Student a royalty-free irrevocable, non-transferable, non-exclusive licence to use its Arising Intellectual Property for their own non-commercial activities such as teaching and scientific or clinical research.
3
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The Consultant agrees not to take any legal action claiming that their moral rights have been infringed

1.1.The Consultant waives any moral rights in the Works to which they are now or may at any future time be entitled under Chapter IV of the Copyright Designs and Patents Act 1988 or any similar provisions of law in any jurisdiction, including (but without limitation) the right to be identified, the right of integrity and the right against false attribution, and agrees not to institute, support, maintain or permit any action or claim to the effect that any treatment, exploitation or use of such Works or other materials infringes the Consultant's moral rights.
1
Neutral
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Clause summary and textUsedFavoured partyAuthorGoverning lawSource

University grants company right to use its intellectual property for internal research and development

1.1.The University hereby grants to the Company and its Affiliates, a royalty-free, irrevocable, non-transferable, non-exclusive, right and licence to use its Arising Intellectual Property for the sole purpose of internal research and development.
1
Neutral
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Licence terms to be negotiated

1.1.The terms of any licence agreement provided for in Clause 4.7 above shall be negotiated in good faith by the Company and the University and shall contain all such terms and conditions which are usual and customary in a licence agreement, including but not limited to liability, audit provisions, termination, governing law provisions. The financial terms of any licence will be fair and reasonable in the circumstances and will be negotiated on a case-by-case basis taking into account the scientific and financial contributions of the Parties to the Arising Intellectual Property being licensed and the subsequent scientific and financial contribution of the Parties that will be necessary to commercially exploit such Arising Intellectual Property.
1
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Clause summary and textUsedFavoured partyAuthorGoverning lawSource

Appoints client as attorney

1.1.The Consultant irrevocably appoints the Client to be their attorney in their name and on their behalf to execute documents, use the Consultant's name and do all things which are necessary or desirable for the Client to obtain for itself or its nominee the full benefit of this clause.
0
Neutral
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Clause summary and textUsedFavoured partyAuthorGoverning lawSource

Protection of intellectual property

1.1.The Consultant undertakes, at the expense of the Client, at any time either during or after the Engagement, to execute all documents, make all applications, give all assistance and do all acts and things as may, in the opinion of the Client, be necessary or desirable to vest the Intellectual Property Rights in, and to register them in, the name of the Client and to defend the Client against claims that works embodying Intellectual Property Rights or Inventions infringe third party rights, and otherwise to protect and maintain the Intellectual Property Rights in the Works and the Inventions.
1
Neutral
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Confidentiality, intellectual property, deliverables

1.1.The Consultant undertakes:
1.2.to notify to the Client in writing full details of any Inventions promptly on their creation;
1.3.to keep confidential details of all Inventions;
1.4.whenever requested to do so by the Client and in any event on the termination of the Engagement, promptly to deliver to the Client all correspondence, documents, papers and records on all media (and all copies or abstracts of them), recording or relating to any part of the Works and the process of their creation which are in their possession, custody or power;
1.5.not to register nor attempt to register any of the Intellectual Property Rights in the Works, nor any of the Inventions, unless requested to do so by the Client; and
1.6.to do all acts necessary to confirm that absolute title in all Intellectual Property Rights in the Works and the Inventions has passed, or will pass, to the Client.
1
Neutral
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Clause summary and textUsedFavoured partyAuthorGoverning lawSource

The University grants the company options for taking licences on arising intellectual property

1.1.The University hereby grants the Company the following options:
1.2.In respect of any Arising Intellectual Property which is jointly owned, pursuant to Clause 4.3.2, the option to take an exclusive licence to the Intellectual Property Rights of the University.
1.3.In respect of any Arising Intellectual Property owned by the University, pursuant to Clause 4.3.3, the option to take either a non-exclusive or exclusive licence, which may or may not be restricted by field.
1.4.The Company may exercise the above options at any time during the Project or during the six months following completion of the Project (or by such other date as the University and the Company may agree) by serving on the University a written notice, in which case such exercise shall be effective on the date such notice is sent by the Company.
0
Neutral
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Confidentiality and no licence

1.1.Except for the limited licence to use the Confidential Information as set out in this agreement, nothing in this agreement will be construed as granting to or conferring on Recipient any right, title or interest in or to the Confidential Information or to give any licence to use, sell, copy or further develop such Confidential Information.
0
Neutral
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